MONEYWATCH
Europe fears smack U.S. stocks
May 08, 2012
May 08, 2012
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CONTINUED...
concerns about slower economic growth in China and weaker job creation in the U.S.
Trading throughout the markets is growing more volatile as Europe's debt crisis "accelerates to a point where it's not really controllable with the sorts of Band-Aids they've used," said Daniel Alpert, managing partner at the investment bank Westwood Capital Partners LLC.
In Greece on Tuesday, the left-wing politician struggling to form a new government declared that the country was no longer bound by its promises cut spending sharply in exchange for international bailout loans.
The politician, Alexis Tsipras, also demanded a moratorium on repaying the part
concerns about slower economic growth in China and weaker job creation in the U.S.
Trading throughout the markets is growing more volatile as Europe's debt crisis "accelerates to a point where it's not really controllable with the sorts of Band-Aids they've used," said Daniel Alpert, managing partner at the investment bank Westwood Capital Partners LLC.
In Greece on Tuesday, the left-wing politician struggling to form a new government declared that the country was no longer bound by its promises cut spending sharply in exchange for international bailout loans.
The politician, Alexis Tsipras, also demanded a moratorium on repaying the part
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